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Archive for the tag “CEDEAO”

Ghana: Declaration by the Government of the Republic of Ghana on the Adoption of the ‘ECO’ by UEMOA (28.12.2019)

Union Economique et Monetaire Ouest Africaine: Communique de Presse de la Session Extraordinaire du Conseil des Ministres de l’Union (27.12.2019)

Opinion: The ECO seems like halfbaked CFA

By my reckoning, the rebranding of Central African Franc (CFA), which was the relic of the colonial French rule in Western African states. During the last few 48 hours, there is news of a new currency, which has implications, but also imperfections.

The ones praising this move is naive. The reason is simple, Emmanuel Macron or the French is still not giving way to power nor influence. They are still having their hand in the cookie jar. They are still involved with the inner-works of the financial sphere of the former colonies. They are maybe stopping the control directly from the National Bank of the French.

This move is to ease the pain of the past, but still the French and the European Union will have their stakes in it. As the pegged currency will be accordingly traded towards the Euro. A Euro, which the French has influence over in the EU. Therefore, the former colonies and the ones accepting this “ECO” Currency are accepting control from Paris and Brussels still.

They are maybe done with the regulations of CFA and the banking system as known today. But the ECO will be measured after the Euro. This is all a condition, that still benefits the former colonizer. If it wouldn’t, he wouldn’t have accepted it. Not like the French wants to loose influence nor the ability to easy trade with former colonizes. Why do you think most of the cars in Tunisia is French and not a random Skoda?

With that in mind, the ECOWAS was not launching this, but Macron was. Therefore, the whole thing seems like ploy to leave one relic behind, hoping people would be so happy that they don’t look into the mechanisms of the new currency. Not like the French would ever drop influence nor their strong hand over Benin, Burkina Faso, Guinea-Bissau, Ivory Coast, Mali, Niger, Senegal & Togo. All of these will still be semi-controlled by Paris.

I have a hard time believing the intent of the French is to give way. No, this is just a shift to extend their power and find new measures to secure it. By remaking the former currency and the monetary union these nations have. Not like they are suddenly creating their own or having 8 separate ones. If they did that, then it might been significant. Where the own national banks, together with Ministry of Finance would make and ensure the safety of own national currency accordingly and necessary for their own Republic.

To remake and rename, only questions the motives behind the move. Other, than trying to clean the dirt of your hands and call it good days work. After years of questioning the currency and the stranglehold of these Republics. By having appointed men in their National Banks and having their gold in Paris.

I lack faith, but I am also very cynical about it. I’m not easily buying into it. I am hopefully wrong. Until the measures, until the mechanisms are all out and the proof of a vital change. It just seems like a small ploy to trigger hope for a difference, when its really just a new name and the same landlord over it. Its still the same farm and the same output, but the master just renamed the land differently. Peace.

CEDEAO: La Deuxieme Session – Ordinaire du Parlement de la CEDEAO se Tient a Abuja (21.11.2019)

Communique de la CEDEAO suite aux incidents du 4 novembre 2019 a Conakry (05.11.2019)

CEDEAO: La CEDEAO se dit inquiète de la situation qui prévaut en Guinée (21.10.2019)

Le Président de la Commission de la CEDEAO exprime son inquiétude devant les récents développements en République de Guinée, caractérisés par une montée des tensions politiques et des violences ayant entrainé des pertes en vies humaines lors des manifestations des 14 et 15 octobre 2019.

Le Président de la Commission de la CEDEAO appelle toutes les parties concernées à la retenue et encourage la prise de mesures pour éviter une escalade des tensions et de la violence à même d’affecter la paix et la stabilité de la République de Guinée et de la Sous-Région.

Le Président de la Commission de la CEDEAO réaffirme la nécessité d’un dialogue constructif entre le Gouvernement, l’opposition et la société civile en vue d’arriver à une solution durable, consensuelle et pacifique de la situation actuelle.

Le Président de la Commission de la CEDEAO exprime sa solidarité avec la République de Guinée, pays membre de la CEDEAO, et réitère son engagement à accompagner le Gouvernement et les Partis d’Opposition ainsi que les autres acteurs nationaux dans le cadre d’un dialogue pour la recherche de solutions en vue de préserver la paix et la stabilité et renforcer la démocratie en République de Guinée. Dans ce contexte, il s’engage à œuvrer en coordination avec l’Union Africaine et les autres partenaires.

Fait à Abuja le 21 octobre 2019

ECOWAS: Portant Adoption des Sanctions Personelles visant a Favoriser la Restauration de la Gouvernance Democratique et le Respect de l’Etat de droit en Republique de Guinee Bissau (04.02.2018)

Joint Statement of the African Union and the United Nations on Guinea-Bissau (03.02.2018)

Statement attributable to the Spokesman for the Secretary-General on Guinea-Bissau [EN/FR] (11.10.2016)

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The Secretary-General welcomes the start of an inclusive dialogue among political leaders, civil society and religious communities of Guinea-Bissau today in Guinea. The dialogue is the crucial first step in implementing the Economic Community of West African States (ECOWAS) roadmap to end the political crisis, which political leaders agreed to in Bissau on 10 September 2016.

The Secretary-General thanks the ECOWAS Mediator for Guinea-Bissau, H.E. Mr. Alpha Condé, President of the Republic of Guinea, for hosting the parties and leading the regional effort to swiftly implement the roadmap. He further encourages all parties to engage in constructive discussions and seize this opportunity for a favourable outcome in the interest of the people of Guinea-Bissau. He calls on all parties to jointly achieve decisive progress within the coming days, in order to break the political impasse that has prevailed in the country since August 2015.

The Secretary-General has requested his Special Representative in Guinea-Bissau and Head of the United Nations Integrated Peacebuilding Office in Guinea-Bissau (UNIOGBIS), Mr. Modibo I. Touré, to continue to work closely with all stakeholders in Guinea-Bissau. This he will do in close collaboration with ECOWAS, the African Union and other key partners, including the Community of Portuguese-speaking Countries and the European Union as they work towards political stability in Guinea-Bissau.

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Le Secrétaire général salue le début d’un dialogue inclusif entre les chefs politiques, la société civile et les communautés religieuses bissau-guinéens aujourd’hui en Guinée. Ce dialogue est une première étape décisive dans la mise en œuvre de la feuille de route de la Communauté économique des Etats de l’Afrique de l’Ouest (CEDEAO) pour mettre fin à la crise politique, qui a été adoptée par les dirigeants politiques à Bissau le 10 septembre 2016.

Le Secrétaire général remercie le médiateur de la CEDEAO pour la Guinée-Bissau, S.E. M. Alpha Condé, Président de la République de Guinée, d’accueillir les parties et de mener l’effort régional pour mettre en œuvre la feuille de route rapidement. Il encourage toutes les parties à s’engager dans des discussions constructives pour accomplir ensemble des progrès décisifs dans les prochains jours, afin de mettre fin à l’impasse politique qui prévaut dans le pays depuis août 2015.

Le Secrétaire général a demandé à son Représentant spécial et Chef du Bureau intégré des Nations Unies pour la consolidation de la paix en Guinée-Bissau (UNIOGBIS), M. Modibo I. Touré, de continuer à coopérer étroitement avec toutes les parties prenantes en Guinée-Bissau. Il le fera en collaboration étroite avec la CEDEAO, l’Union africaine, et les partenaires clés, y compris la Communauté des pays de langue portugaise et l’Union européenne, dans leurs efforts en faveur de la stabilité politique en Guinée-Bissau.

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